Global Insulated Water Bottles Market Expected to Expand at a Value CAGR of 4.8% during 2017-2026

New research report offers a comprehensive analysis of the “Insulated Water Bottles Market - Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2017 - 2026“. The main objective of this report is to deliver insightful information and clear-cut facts pertaining to the growth trajectories of the market.

Request for Sample Report @ https://www.mrrse.com/sample/4539

Changing preferences of consumers with respect to consuming drinking water has driven the demand for insulated water bottles. Growing consciousness on consumption hygiene has propelled the use of insulated water bottles for storing boiled water. In addition, consumers are also using insulated water bottles for carrying the beverages or juices of their choice during long trips and expeditions. Manufacturers of insulated water bottles catering to the different requirements of consumers with respect to keep their liquids at desired temperature and for specific time periods. New materials with insulating properties are being used as insulators in the manufacturing of insulated water bottles. However, findings from new research studies that reveal the toxicity of such materials has inhibit the developments in global insulated water bottle manufacturing landscape to a considerable extent.

Transparency Market Research’s latest forecast study reveals that the global insulated water bottles market will expand at a steady pace during the forecast period, 2017-2026. By the end of 2026, the global market for insulated water bottles is pegged to be worth over US$ 4.1 Bn. The report further estimates that over the forecast period, the global insulated water bottles market will expand at a value CAGR of 4.8%.

Insulated Water Bottle Mugs to Account for High Share on Global Market Value

The report estimates that the demand for wide-mouth or big mouth insulated water bottles will gain steady traction in the years to come. High storage capacity and easy usability will drive the adoption of fine mouth insulated water bottles as a key product category in the global market. However, mugs will represent a top-selling product in the global insulated water bottles market. By the end of 2026, more than 36% of the global insulated water bottle revenues will be accounted by sales of mugs. The report further reveals that insulated water bottles will be predominantly used for everyday drinking purposes. By the end of the forecast period, more than US$ 1.8 Bn worth of insulated water bottles sold across the globe are expected to be used for everyday purposes.

Browse Full Report with TOC @ https://www.mrrse.com/insulated-water-bottles-market

Plastic to Represent Sought-After Material Used in Production of Insulated Water Bottles

Majority of insulated water bottles being manufactured across the globe are expected to be made of plastics and polymer materials. The demand for stainless steel or insulated water bottles made of other metals will dwindle towards the end of the forecast period. Meanwhile, silicone-based insulated water bottles will find a relatively fast uptake among global consumers. The report estimates that by the end of 2026, more than US$ 1.5 Bn worth of insulated water bottles sold globally will be made of plastics. The report also reveals that global sales of insulated water bottles will remain concentered among modern trade outlets. Over the forecast period, approximately 40% of the insulated water bottles will be sold worldwide through modern trade outlets.

Leading Manufacturers

Companies namely, Thermos, Ice Shaker, Geysa, 321 Strong, Fnova, Rehydrate-Pro, Mira, Healthy Human, Cayman Fitness, and Hydro Flask, among others, have been recognized as leading players in the global market for insulated water bottles. New materials are being tested to weigh the effectiveness of their insulating properties in lowering the heat transfer to the minimum. Innovative production technologies adopted by market players will continue to enable them in manufacturing insulated water bottles in a variety of shapes, sizes, capacities and functionalities. Integration of smart bottle technologies is observed as a key trend picking up pace in the global insulated water bottles manufacturing landscape. Through 2026, these companies will instrument the global production of insulated water bottles and meet the growing demands commendably.

About (MRRSE)

Market Research Reports Search Engine (MRRSE) is an industry-leading database of Market Research Reports. MRRSE is driven by a stellar team of research experts and advisors trained to offer objective advice. Our sophisticated search algorithm returns results based on the report title, geographical region, publisher, or other keywords. 

MRRSE partners exclusively with leading global publishers to provide clients single-point access to top-of-the-line market research. MRRSE’s repository is updated every day to keep its clients ahead of the next new trend in market research, be it competitive intelligence, product or service trends or strategic consulting.

Contact Us                                            

State Tower                            
90, State Street
Suite 700
Albany, NY - 12207
United States Telephone: +1-518-730-0559
Email: sales@mrrse.com
Website: https://www.mrrse.com/
Read More Industry News At: https://www.industrynewsanalysis.com/

This release was published on openPR.